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Meaning of “retail sales” in the English Dictionary

"retail sales" in Business English

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retail salesnoun [plural]

uk   us   COMMERCE, ECONOMICS
sales of goods to the public rather than to businesses, stores, etc., often considered in relation to economic activity as a whole: Retail sales fell 0.3% in January.a fall/drop/rise in retail sales Economists expect a 1.5% rise in retail sales, compared with a 0.1% drop last year. Official retail sales figures for March are published next week.
(Definition of retail sales from the Cambridge Business English Dictionary © Cambridge University Press)
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